Israel VC funds raised $526 mln in 2013, down 27 pct - Reuters
Israeli venture capital funds raised US$526 million in 2013, down 27 percent from 2012, the Israel Venture Capital Research Center (IVC) said on Tuesday in a report issued with consultancy KPMG. Fund raising has slowed since 2011 with less capital being raised by fewer funds, Koby Simana, IVC's chief executive, said in a statement. According to IVC, 30 Israeli VC funds are in the process of raising capital, with a targeted total of over US$2 billion. However, only half are expected to raise capital in 2014 and it will not be more than US$1 billion.
15 January 2014•2 mins read
